Indian Oil Corp, the country's top refiner, has bought five cargoes of Russian oil for December arrival from non-sanctioned ...

President Donald Trump gave the world an early glimpse of just how loosely he was planning to enforce new US sanctions on ...

The organization said the implied market surplus of 2.7 million b/d in the third quarter of this year, the largest since 2020, underscores the persistence of the oversupplied market. While stockpiling ...

The Trump administration unveiled sanctions against Russia’s major state-affiliated oil firms Rosneft and Lukoil last week, a ...

Trump has often said that purchasing oil from Russia has helped keep the war in Ukraine going. Many times, he and his team ...

Suriname says it can build an oil industry without harming the planet. Is it climate pragmatism — or wishful thinking?

America's oil potential remains largely untapped as Chevron CEO reveals new technologies that could revolutionize energy ...

Brazil's bid to turn the mouth of the Amazon River into a new oil exploration frontier is facing institutional pushback from ...

President Donald Trump’s U.S.-China trade truce may be overshadowing a new report that has helped raise the alarm about a potential global surplus of crude oil next year.

The U.S. Strategic Petroleum Reserve (SPR) was created in 1975 by the Energy Policy and Conservation Act, signed into law by ...

Brent crude and West Texas Intermediate futures jumped 5% following new U.S. sanctions on Russia's largest oil producers to ...